3 ms·
Maybe. Or maybe they have a monopoly, so they're doing what monopolistic providers throughout history have always done: Increase prices as much as the market wi
by josephg 5y ago
Maybe. Or maybe they have a monopoly, so they're doing what monopolistic providers throughout history have always done: Increase prices as much as the market will bear and profit.
Healthy competition is necessary for unregulated capitalism to function effectively. When that fails, we shouldn't be surprised to see $400 insulin. Or, in this case, $28.50 beers.
- edmundsauto 5y agoI think we are in complete agreement that the details matter, and those of us discussing this are doing so without enough information to be considered well informed.